SG Americas Securities LLC acquired a new stake in shares of UMH PROPERTIES/SH SH (NYSE:UMH) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 14,836 shares of the real estate investment trust’s stock, valued at approximately $228,000.

A number of other hedge funds have also recently bought and sold shares of UMH. Nisa Investment Advisors LLC bought a new position in UMH PROPERTIES/SH SH during the second quarter valued at $139,000. Dynamic Technology Lab Private Ltd bought a new position in shares of UMH PROPERTIES/SH SH in the first quarter worth about $160,000. Crestwood Advisors Group LLC bought a new position in shares of UMH PROPERTIES/SH SH in the first quarter worth about $186,000. A.R.T. Advisors LLC bought a new position in shares of UMH PROPERTIES/SH SH in the first quarter worth about $199,000. Finally, Aperio Group LLC bought a new position in shares of UMH PROPERTIES/SH SH in the second quarter worth about $252,000. Institutional investors and hedge funds own 58.03% of the company’s stock.

NYSE UMH opened at $15.43 on Wednesday. The company has a current ratio of 5.21, a quick ratio of 5.21 and a debt-to-equity ratio of 2.22. The stock has a market capitalization of $579.53 million, a PE ratio of 21.73, a P/E/G ratio of 2.09 and a beta of 0.37. UMH PROPERTIES/SH SH has a 12 month low of $11.38 and a 12 month high of $16.69.

UMH PROPERTIES/SH SH (NYSE:UMH) last posted its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.40 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.21. The firm had revenue of $32.10 million for the quarter, compared to analysts’ expectations of $32.03 million. UMH PROPERTIES/SH SH had a negative net margin of 8.17% and a negative return on equity of 5.62%. equities research analysts anticipate that UMH PROPERTIES/SH SH will post 0.75 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, September 17th. Stockholders of record on Wednesday, August 15th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date was Tuesday, August 14th. UMH PROPERTIES/SH SH’s payout ratio is presently 101.41%.

In other UMH PROPERTIES/SH SH news, insider Umh Properties, Inc. bought 9,396 shares of the company’s stock in a transaction on Monday, September 17th. The shares were bought at an average cost of $16.39 per share, for a total transaction of $154,000.44. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Craig Koster sold 3,500 shares of the stock in a transaction dated Friday, August 17th. The stock was sold at an average price of $16.31, for a total transaction of $57,085.00. Following the transaction, the general counsel now owns 6,895 shares in the company, valued at $112,457.45. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 10,529 shares of company stock worth $171,136. Company insiders own 10.89% of the company’s stock.

UMH has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of UMH PROPERTIES/SH SH from a “hold” rating to a “strong sell” rating in a report on Sunday, July 15th. Boenning Scattergood initiated coverage on shares of UMH PROPERTIES/SH SH in a report on Monday, September 17th. They issued an “outperform” rating and a $19.50 price target on the stock.


UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 114 manufactured home communities containing approximately 20,600 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland.

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Institutional Ownership by Quarter for UMH PROPERTIES/SH SH (NYSE:UMH)

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